$899,900
Est. payment $3,985/moCalculate yours
394 Thiel Street, London East, ON N5W 4P8
East, London, ON N5W 4P8
- 8 Beds
- 3 Baths
- 2,500 Sq Ft
Listing courtesy of RIGHT AT HOME REALTY MLS® X12869698
About this home
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Property details
Overview
- Property Type
- Triplex
- Style
- 3-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 2,500 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick, Concrete Poured
- Foundation
- Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete
- Roof
- Asphalt Shingle, Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60.07 x 117.3 Feet
- Parking
- None garage · 7 total
- Zoning
- R2-3
Financial
- Property Taxes
- $5,381 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Dundas & Second St
- Direction Faces
- East
Listing
- MLS® Number
- X12869698
- Days on Market
- 221
- Listed On
- 2026-03-11
- Possession
- Flexible
- Listed By
- RIGHT AT HOME REALTY
Rooms
Features
Interior
- Countertop Range
- Floor Drain
- On Demand Water Heater
- Separate Hydro Meter
- Upgraded Insulation
- Water Heater Owned
- Water Meter
Property
- Arts Centre
- Library
- Park
- Public Transit
- School
- Hospital
Pool
- None
- Included
- All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. CoinLaundry on the Main Floor
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,985 per month
- Principal and interest
- $3,985
- Property tax
- $448
- Condo fees
- $0
- Estimated monthly cost
- $4,433
Your mortgage
- Mortgage amount
- $719,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $475,449
Cash to close
- Down payment
- $179,980
- Land transfer tax
- $14,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $194,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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